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    Ministry Of Commerce: Vietnam'S Textile And Garment Export Market Share Is The Second In The World

    2021/12/24 18:09:00 0

    Vietnam?

    Vietnam's textile and Garment Group (VINATEX) said on December 23 that Vietnam's textile and garment market share was second only to China, accounting for 5.1% of the global total demand, Vietnam's "Youth Daily" reported on December 24. The head of the group said that although Vietnam's textile and clothing exports fell by $39 billion, the decline in other countries was even greater.

    With the stable supply chain and labor advantages, VINATEX's total operating revenue will reach 16.44 trillion dong (about US $720 million) in 2021, with a profit of 1.2 trillion dong, which is twice as much as that in 2020 and 70% before the epidemic.

    (source: website of the Ministry of Commerce)

    ?

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